Search the Russia Banking News
« 2012 « February
MTWTFSS
  12345
6789101112
13141516171819
20212223242526
272829    

 
02.07.2008 /Investing FFMS of Russia registered the debut issue of the rubles bonds of LLC “Stoylenskaya Niva-Finance”
19 June 2008 Federal Financial Market Service registered the first issuance of interest-bearing, unconverted, documentary bonds of LLC “Stoylenskaya Niva-Finance” with the value of RUB 1bln. The issuance was registered under No 4-01-36351-R.

Organizer, underwriter and paying agent of the bond issuance is JSC “ROSSIYSKIY KREDIT BANK”. According to the issuing documents, the nominal value of the loan is RUB 1bln. with the maturity period of 3 years. The bonds have 6 half-year coupons. The placement of the bonds will take place at the stock exchange of FFMS by public offering. The first coupon is determined at the tender, which takes place at the date of the placement beginning at the Stock Exchange FFMS, the other coupons are to be determined by the issuer.

The structure of the bond issuance before beginning of the placement enables to determine the number of coupons, whose interest rates will be determined at the tender. If with the approval of the date of placement of the Bonds, the issuer decides not to purchase bonds at the request of their owners, interest rates of the second and all subsequent coupons are determined at the interest rate equal to the first coupon rate and are fixed for the duration of outstanding bonds. If the issuer after determining of interest rates of coupons of any coupon periods, the bonds will get not determined coupon interest rates at least for one of the following coupon period, then the mechanism of on request offer, provided by the issuance documents will come into effect.

Latest News Russia Banking News: Top News (RSS Feed)
Vnesheconombank Supervisory Board Regular Meeting Held

Russian Prime Minister V.V. Putin chaired a meeting of Vnesheconombank (VEB) Supervisory Board: we need to discuss Vnesheconombank's participation in implementing the Government's measures to cope with the crisis, including the Bank’s participation in the programs designed to support small and medium-sized business. [Read...]